BHP Group Limited (LON:BHP) Receives GBX 2,685.71 Consensus Target Price from Brokerages

BHP Group Limited (LON:BHP) has received an average rating of “Hold” from the seven analysts that are presently covering the stock, Marketbeat Ratings reports. Five analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is GBX 2,685.71 ($33.52).

A number of research firms have commented on BHP. JPMorgan Chase & Co. raised their target price on shares of BHP Group from GBX 2,490 ($31.08) to GBX 2,580 ($32.20) and gave the company a “neutral” rating in a research report on Friday, December 6th. Berenberg Bank reissued a “hold” rating and set a GBX 1,900 ($23.71) target price on shares of BHP Group in a research report on Thursday, January 23rd.

BHP Group Trading Up 0.8 %

BHP stock opened at GBX 1,999 ($24.95) on Friday. The company has a market capitalization of £101.35 billion, a PE ratio of 1,679.83, a P/E/G ratio of -0.78 and a beta of 0.84. BHP Group has a 12 month low of GBX 1,927.50 ($24.06) and a 12 month high of GBX 2,613.72 ($32.62). The firm’s 50-day moving average is GBX 2,012.84 and its 200 day moving average is GBX 2,094.95. The company has a debt-to-equity ratio of 45.26, a current ratio of 1.70 and a quick ratio of 1.37.

BHP Group Company Profile

We are a world-leading resources company, focused on the resources the world needs to grow and decarbonise. Copper for renewable energy. Potash for sustainable farming. Iron ore and metallurgical coal for the steel needed for global infrastructure and the energy transition.

A resources mix for today and for the future.

Our strategy is to deliver long-term value and returns through the cycle.